$195,000
SOLD JUL 7, 2021

3555 E B Ave Unit A Plainwell, MI 49080

-- Bed
-- Bath
-- Sq Ft
1.06 Acres

Recently Sold

3% Above List Price

3 Days on Market

About This Home

As of August 2024

Multiple Offers Highest and Best Due 9 pm tonight, Wednesday 6/23. Fantastic opportunity for investment property! Live on one side, rent out the other, or maximize your monthly income and rent out both. Two, 2-bed/1 bath units. Secluded, beautiful 1 acres+ lot, fenced in backyard, 24 x 40 POLE BARN, 4 stall carport. Both units have their own washer & dryer, and all kitchen appliances. New boiler heat and on demand hot water, and wired for a generator. This is a great opportunity to build your portfolio.

Last Agent to Sell the Property

Ethel Wilkey-Downs

Berkshire Hathaway HomeServices MI License #6501258060 Listed on: 06/21/2021

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jordan Griffin

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 1968

Lot Details

  • 1.06 Acre Lot

Parking

  • 4 Parking Spaces

Utilities

  • No Cooling
  • Hot Water Heating System
  • Natural Gas Connected
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,827

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 189900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Size Sq Ft: 46174.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1827.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 16, 2024
Sold by
Zyskowski Timothy J and Zyskowski Timothy J
Bought by
Hire Alexandra and Hire Travis
Seller's Agent
Donna Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Nick Ailstock
Zuiderveen, REALTORS LLC
List Price
$329,900
Sold Price
$279,000
Premium/Discount to List
-$50,900
-15.43%
Total Days on Market
3
Views
63
Current Estimated Value
$280,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,965
Avg. Annual Appreciation
0.88%
Original Mortgage
$209,250
Outstanding Balance
$207,789
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$73,176

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 7, 2021
Sold by
Mihelich Mark Steven
Bought by
Exter 1031 Exchange Series Llc
Seller's Agent
Ethel Wilkey-Downs
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jordan Griffin
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Sep 29, 2003
Sold by
Nancy D Loofboro Trust
Bought by
Mihelich Mark Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $279,000 Ata National Title Group
Warranty Deed $195,000 Title Resource Agency
Warranty Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,250 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $47,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $70,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $279,000 -2.1% --
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $284,900 -1.7% --
06/27/2024 06/27/24 Price Changed $289,900 -3.3% --
06/10/2024 06/10/24 Price Changed $299,900 -4.8% --
06/03/2024 06/03/24 Price Changed $314,900 -4.5% --
05/15/2024 05/15/24 For Sale $329,900 +69.2% --
07/07/2021 07/07/21 Sold $195,000 +2.7% --
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $189,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $690 $67,600 $0 $0
2023 $658 $61,800 $0 $0
2022 $3,108 $58,350 $0 $0
2021 $1,867 $54,100 $0 $0
2020 $1,809 $53,400 $0 $0
2019 $1,610 $47,300 $0 $0
2018 $0 $46,587 $0 $0
2017 $0 $45,600 $0 $0
2016 -- $39,196 $0 $0
2015 -- $37,997 $0 $0
2014 -- $38,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21023685

Southwestern Michigan Association of REALTORS®

APN: 02-01-370-067